Daily Archives: November 6, 2015

“Trade discount scheme” would amount to Commission liable for deduction of tax at source u/s 194H of the Act. ? Held No Contractual payments made to M/s United Breweries Ltd, Bangalore and M/s Millenium Breweries Industries Ltd, Bangalore would amount to payment of Royalty liable for deduction u/s 194J of the Act, and not u/s 194C… Read More »

Ministry of Environment and Forests 06-November, 2015 Centre to Establish Control Room in CPCB to Monitor Air Quality Javadekar Chairs Review Meeting with Ministers of Neighbouring States; Urges Citizens to Maintain Lane Discipline on Roads The Government will immediately set up a Control Room in Central Pollution Control Board (CPCB) to undertake a daily review… Read More »

MINISTRY OF RAILWAYS (Railway Board) NOTIFICATION New Delhi, the 4th November, 2015 G.S.R.836(E).—In exercise of the powers conferred by sub-section (1), read with clause (b) of sub-section (2) of Section 60 of the Railways Act, 1989 (24 of 1989) and in supersession of Railway Passengers (Cancellation of tickets and refund of fare) Rules, 1998, except… Read More »

Facts of the case The Assessee, Bhagwan Shree Laxmi Narain Dham Trust (‘Trust’), was accorded registration under Section 12A of the Act on 20th May 2005. The Assessee-Trust was set up on 30th December 2002 to carry out various charitable, spiritual and religious objects as set out in the trust deed. During Assessment Year (‘AY’)… Read More »

Facts of the case The appellant’s machines were sealed and there was no production from 16.4.2013 to 15.5.2013. The appellant had already deposited duty of 70 lakh for the whole of month of April, 2013. Therefore, the appellant filed an application on 8.5.2013 for abatement of duty for the period 16.4.2013 to 30.4.2013. The same… Read More »

Course fees collected from the students comes into the account of the appellant who then pay 75% of the share to the training centre. In this view of the matter, the activity clearly falls outside the scope of the franchise service.The whole activity is only to impart high standard training CESTAT, MUMBAI BENCH Centre for… Read More »

Ref:IRDA/NL/CIRI/MOTP/196/11/2015 Date:04-11-2015 The Motor Vehicles Amendment Act, 2015, as notified in the Gazette of India on 20th March 2015, brings the e-carts and e-rickshaws under its ambit. As per the amendment, e-carts or e-rickshaws are special purpose battery powered vehicles not exceeding 4000 watts, having three wheels for carrying goods or passengers, as the case… Read More »

APPEAL TO THE INCOME TAX APPELLATE TRIBUNAL [As amended by Finance Act, 2015] Introduction The Commissioner of Income-Tax (Appeals) is the first appellate authority and the Income Tax Appellate Tribunal (ITAT) is the second appellate authority. Appeal to the ITAT can be filed by any of the aggrieved party either by the taxpayer or by… Read More »

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